Iran's Resilience: Oil Prices Soar, Elections Loom

0:00On March 27, one month into the war between the United States, Israel and Iran, the fight looks more like battling a tough insurgency than a fool. Nation state, Iran, despite constant airstrikes from advanced militaries, keeps firing missiles and drones and neighbors and holds a tight grip on the straight-of. Hormuz, the key waterway for about one-fifth of the world's oil and natural gas. That control lets Iran decide which ships pass and at what cost, even after losing most of its navy. Oil prices have shot up worldwide, dragging down stock markets and raising everyday costs from gas to groceries. The pain hits hardest in Asia, big buyers of that oil, but drivers everywhere from Europe to the United States feel it at the pump. President Donald Trump faces growing heat ahead of November midterm elections, pushing him toward tougher moves. Iran stays resilient with hidden underground bases and mobile launchers that dodge strikes, much like tactics from its supported groups in Yemen and Iraq.

1:01At home, past protests simmer without boiling over, though the regime recruits even 12 euros to bolster forces amid attacks. Trump has sent more troops and ships to the region, setting a deadline of 8 pm. Eastern on April 6th for Iran to reopen the straight or face, bombings of power plants. With talks stalled, escalation looms as both sides dig in for a long haul. All may. You've been listening to Global News today, AI-powered Global Coverage.